GRT
GRT/USDTGRT losing steam and starting to show first signs of trend shift.
If it loses this support it will go down hard imo.
Currently trading at Mid Range, expecting Range Lows in due time.
This is a swing short for me and I will have 2 Targets as shown on the chart.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
GRT - Approaching A Demand 🔎 Analysis #7/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, GRT activated the wedge pattern and traded higher.
Last month, GRT rejected the 0.2 round number and traded lower. Now it is approaching a strong demand zone.
Moreover, the zone 0.09 - 0.1 is a strong support and round number.
🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue 0.1 round number and demand zone.
As per my trading style:
As GRT approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GRTUSDT - Overbought on 3D timeframePosting for own future reference
RSI is "sell" zone
Price above BB
If today closes red (5.5h remaining), then idea is confirmed.
Same for 3D BTC pair:
Targets: 0.13, 0.11, 0.09 - 0.08. I really don't see it going any lower.
The indicators say "short" but minimize leverage, as this coin has proven to be highly volatile.
GRT/USDTIn the four-hour time frame, it loses the support of 100 ma.
The upcoming support is the range of 0.14 to 0.1420, which if it cannot maintain, it will correct to 0.13.
If bitcoin falls to 21-20 thousand dollars, this currency can correct up to the range of 0.10 dollars.
In general, it is in a very good condition. In the daily time, it can rise to $0.3, provided that Bitcoin either Range or rises.
Growthpoint wants to come down but this 1 thing is stopping itH&S formed on Growthpoint.
The price broke below the neckline.
But the price still has one major barrier to attack.
the 200MA... As soon as price breaks below, the trade will be more likely to work out.
Right now the price is retesting the neckline giving a potential conservative entry point for shorters.
21>7 - Bearish
Price> 200 - Bullish
RSI<50 - Bearish
Target R11.88
Low probability trade
ABOUT THE COMPANY
Growthpoint Properties Limited (Est. 1987m headquartered in Sandton JHB) is the largest South African primary listed Real Estate Investment Trust (REIT).
Growthpoint has a diversified portfolio of properties, including office, retail, industrial, and residential properties, with a total value of over R150 billion.
Some buildings that Growthpoint owns that you might know are:
Sandton City Office Tower - a 32-story office tower located in Sandton, Johannesburg, South Africa.
Cape Town International Convention Centre - a world-class convention centre located in Cape Town, South Africa.
Alice Lane Towers - a multi-award-winning office complex located in Sandton, Johannesburg, South Africa.
Canal Walk Shopping Centre - one of the largest shopping centres in Africa located in Cape Town, South Africa.
Victoria & Alfred Waterfront - a mixed-use development in Cape Town, South Africa, consisting of commercial, residential, and retail spaces.
Growthpoint has a presence in South Africa, Australia, and the UK, with a combined property portfolio of over 500 properties.
VOXEL looks like FIL at $5 and like GRT at 8c- FIL reclaimed the June-Oct '22 range, then pumped above it.
- VOXEL just reclaimed the June-Oct '22 range, and looks poised to pump.
VOXEL now looks like FIL looked at $5 or like GRT looked at 8c. Alts will play only as long as BTC hangs in there. If BTC crashes, then all this goes out the window.
GRT Short trade position GRT is in a bullish channel,
However it failed to break up trend line, which is also a very strong resistance level.retest has been done and confirmed.
I am taking a short position for swing trade. However scalpers can also take profit at 0.17 region.
Follow me on twitter for latest trade ideas.
GRT The Graph LONG 20230214Signal:
Red -> Green
Context: Green * N
GRT, The Graph, GRTUSD , GRTUSDT, GRTUSDTPERP , CRYPTOS, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
GRT (the graph) Is confirming breakout from descending channelWe can see here on the weekly chart that GRT (aka The Graph) has broken up from its descending channel and price action is currently very close to the descending channel’s breakout target. Much like many other crypto assets at the moment, we can also see that that descending channel has a large flag pole attached to it as well forming a bear flag. While the descending channel has validated its breakout, it is as of now still uncertain whether or not the bearflag will confirm a bullish breakout as well and pull an inverted Bart pattern. However, CoinMarketCap’s rankings of the “most valuable AI and big data crypto projects and tokens” currently has The Graph as the leading platform in market capitalization. According to Pablo Jodar, a crypto analyst at GenTwo, “I think it is linked to the rally on AI stocks, due to the ChatGPT effect.” Consider all the hype behind AI focused cryptos at the moment this greatly increases the probability that GRT will also confirm the bullish breakout up from the bearflag and reach the higher bearflag target as well. I have posted both targets here on the chart and will update this post once each target is hit. GRT is an indexing protocol that is setting itself up to be the decentralized google for searching blockchains.